Message-ID: <14425199.1075861737737.JavaMail.evans@thyme> Date: Wed, 14 Nov 2001 16:43:06 -0800 (PST) From: catherine.clark@enron.com To: ben.jacoby@enron.com Subject: RE: Northwestern Cc: kay.mann@enron.com, chris.booth@enron.com, lisa.bills@enron.com Mime-Version: 1.0 Content-Type: text/plain; charset=us-ascii Content-Transfer-Encoding: 7bit Bcc: kay.mann@enron.com, chris.booth@enron.com, lisa.bills@enron.com X-From: Clark, Catherine X-To: Jacoby, Ben X-cc: Mann, Kay , Booth, Chris , Bills, Lisa X-bcc: X-Folder: \KMANN (Non-Privileged)\Mann, Kay\Inbox X-Origin: Mann-K X-FileName: KMANN (Non-Privileged).pst The documents give us a choice between paying the Remaining Purchase Amount Refund Amount ($5.099 million) to the LLC or paying the GE Accelerated Payment ($?) to GE. As you know cash is extremely tight at the moment - have we done all we can to negotiate a lower payoff amount with GE? The Remaining Purchase Amount Refund Amount allows us to deduct interest, a benefit of ~2.24%. Can GE give us any discount in excess of 2.24%? If so, we should opt for the GE Accelerated Payment. We can discuss this further tomorrow. -Catherine x3-9943 -----Original Message----- From: Jacoby, Ben Sent: Wednesday, November 14, 2001 5:58 PM To: Mann, Kay; Booth, Chris; Clark, Catherine Subject: Northwestern Mike Young from NW called to advise me that they received GE's consent. NW plans to send us notice of this tomorrow. I believe this will trigger our obligation to pay NW the balance of payments we hold, discounted at 7.5 % p.a. I believe this means that we will need to pay NW $5.1 million of the $5.2 million we have been prepaid. Let's talk about this in the AM.